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Session Laws, 1908 Session
Volume 483, Page 25   View pdf image (33K)
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ACT. 23. ] CORPORATIONS. 25

visions contained in any such special act or agreement of con-
solidation or in the provisions made for particular classes of
corporations by the subsequent sections of this article.

(2) The words "Clerk of the Circuit or Superior Court" used
herein, shall be taken to mean the Clerk of the Circuit Court
for a county, or the Clerk of the Superior Court of Baltimore
City, as the case may be.

(3) The word "directors" shall include trustees, managers
and the members of the governing body of the corporation, by
whatever name they may be called.

(4) The words "stockholders" and "shareholders" shall in-
clude members in the case of corporations having no capital
stock, and vice versa, unless such construction would be incon-
sistent with the context.

(5) The location of the principal office of a corporation shall
be the place named as such in the charter, certificate of incorpo-
ration or amendment thereof; and where the location of the
principal office is not so named, it shall be deemed to be the
place where the main office of such corporation in this State for
the transaction of business is actually situated.

PROVISIONS FOR THE FORMATION OF CORPORATIONS.

SEC. 2. Corporations may be formed under the provisions of
this article for any one or more lawful purposes, except such
as are excluded from the. operation of a general law by the Con-
stitution of this State. And except where special provisions in-
consistent herewith are made in this article for particular
classes, all corporations shall be formed in manner following:

SEC. 3. The incorporators, being any three or more adult per-
sons, of whom at least one shall be a citizen of this State, shall
sign and acknowledge before some officer competent to take the
acknowledgment of deeds for land situated in the State, a cer-
tificate in which shall be stated:

(a) That the subscribers thereto (giving their names and
places of residence) associate themselves with the intention of
forming a corporation.

(6) The name of the proposed corporation, which shall
always be such as to indicate that it is a corporation as dis-
tinguished from a natural person or a partnership.

This provision shall be deemed to be complied with if the
name of the corporation begins with the word "the" and ends
with the word "company" or "corporation, " or if the title shall
contain the word "incorporated. "

(c) The purpose or purposes for which the corporation is
formed and the business or objects to be carried on and pro-
moted by it.

 

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Session Laws, 1908 Session
Volume 483, Page 25   View pdf image (33K)
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